Kitchener, N2G 1G4
$1,275,000$000000
Listed by CORCORAN HORIZON REALTY.
This unique single-family detached home on King Street West offers an exceptional opportunity for those seeking a property with both residential and commercial potential. Currently being used for commercial purposes, the main floor features a fully renovated space that has operated as a salon, while the upper level remains a spacious residential unit. The property is ideally located across from Grand River Hospital, providing high visibility and easy access. Over $43,000 in recent upgrades have been completed, including a fully updated basement with modern plumbing, new flooring, fresh paint, and updated stairs. A new furnace, AC, and water softener were installed in 2022, and a backflow prevention system was added in 2024. The exterior has been freshly painted, and new concrete patio slabs enhance its curb appeal. The upper residential unit is equipped with modern appliances, including a washer, dryer, and dishwasher, making it comfortable for tenants or owners. The salon space on the main floor is move-in ready, with prior renovations to plumbing and electrical systems to support commercial use. While currently used for business purposes, this space could easily revert to a more traditional residential layout if desired. With its prime location, extensive modern upgrades, and the ability to serve both residential and commercial needs, this property presents a fantastic opportunity for investors or those looking to live and work in a vibrant neighbourhood.
Upstairs unit - Fridge, Stove, Dishwasher, Range hood, Stacked Front Load Dishwasher and Dryer. Main Floor unit - Basement Fridge, Washer, Dryer, Dishwasher
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.